Kenyan banks handled suspicious money amounting to a total of Sh6.38 trillion in the period between 2021 and 2024, a new report has established. According to the report dubbed Financial Reporting Centre Money Laundering and Terrorism Financing Trends and...
Kenya Airways is launching its direct flights to Gatwick, London. The JKIA-Gatwick direct flights will be operated by Kenya Airways' Boeing 787-8 Dreamliner.
Gatwick will now be KQ's second entry point to the UK market after its current slot at the...
Equity Bank is set to auction 30 vehicles belonging to Nairobi businessman Patrick Nthiga Mvungu over a Sh302 million debt. This is after the lender received the greenlight from the High Court to auction the vehicles in a bid...
Kenya Airways is currently experiencing reduced operational capacity of up to 20 percent. This has been attributed to the grounding of two KQ B787-8 Dreamliners over engine maintenance.
This has been revealed by the national carrier's chief executive officer Allan...
The number of Kenya Airways employees who are on permanent and pensionable terms has risen to 83 percent. This is according to the national carrier's latest sustainability report which shows that KQ employees on permanent terms hit 82.9 percent...
Importers of second hand cars have sued the Kenya Revenue Authority (KRA) over new CRSP values. The importers under the umbrella Car Importers Association of Kenya (CIAK) says that the KRA ignored public participation and acted unilaterally when publishing...
A major breakthrough has been achieved in the fight against HIV/Aids after the Food and Drug Administration (FDA) approved a powerful HIV prevention injection. The new HIV prevention injection was developed by Gilead Sciences and shall be taken twice...
A local liquor business that ran into taxation troubles with the Kenya Revenue Authority (KRA) six years ago has been placed under administration. The business known as Africa Spirits Limited (ASL) has appointed Peter Kahi of PFK Consulting Limited...
In November 2024, Elias Wambua invested Sh1.5 million in Safaricom shares. He acquired about 104,000 shares that were valued at a price of Sh14.35 each. “I took position about two weeks after Safaricom released their half year financial results...
Carrefour Kenya sales revenues for the year 2024 hit Sh42.9 billion. This is according to disclosures that have been made Carrefour Kenya operator Majid Al Futtaim in Kenya. These revenue sales were an increase of 15 percent from the...
